London Daily

Focus on the big picture.
Sunday, May 31, 2026

Rishi Sunak's Billionaire Wife Akshata Murty Builds Ties To World's Super-Rich

Rishi Sunak's Billionaire Wife Akshata Murty Builds Ties To World's Super-Rich

Akshata Murty describes Catamaran Ventures on LinkedIn as a family office based in London and Bangalore that focuses in the UK on local brands

Akshata Murty, the wife of UK Chancellor Rishi Sunak, has developed links to some of the world's richest families through her private investment firm, Catamaran Ventures UK.

Previously unreported filings show that Murty's family office was an early backer of dara5, a private investment community for "the next generation of global leaders," co-founded in 2019 by a member of Qatar's ruling dynasty, the Al-Thani family. Catamaran has also acquired a stake in The New Craftsmen, a luxury British furniture marketplace whose shareholders include Rupert Murdoch's oldest daughter, Prudence, and the Al Tajir family, the Emirati owners of the Park Tower hotel in London's Knightsbridge district.

Murty, 42, who was born in India and is still an Indian citizen, has a net worth of about $1.2 billion thanks to her stake in Infosys Ltd., the software giant founded by her father Narayana Murty, according to the Bloomberg Billionaires Index. The Bangalore-based company's shares have surged more than 2,000% since Murty was first publicly disclosed as a shareholder in 2001, though they have struggled this year in the face of a broad tech selloff.

Catamaran Ventures is the name of the Murty family's main investment entity based in Bangalore. Narayana Murty is chairman of the firm, which employs about 15 staff in India overseeing holdings worth more than $1 billion spanning e-sports, insurance and Elon Musk's Space Exploration Technologies Corp.

Akshata Murty describes Catamaran Ventures on LinkedIn as a family office based in London and Bangalore that focuses in the UK on local brands that need capital, management expertise and network partners. She is the British branch's only director and shareholder.

Murty has helped to run some of her UK investments. She became a director in 2017 of New & Lingwood, an outfitter for students of England's prestigious Eton College - Prime Minister Boris Johnson's alma mater - which charges tuition fees of about £45,000 a year. She stepped down from the role in February. A spokeswoman for New & Lingwood declined to comment.

In 2017 Murty also became a director at Digme, a London-based fitness company that went into administration in February. Murty, who is still a director, owned a 4.4% stake as of February. Catamaran's other investments include a holding alongside British hedge fund manager Hugh Sloane in the company that launched Wendy's restaurants in India.

Murty's Wealth Hits Sunak Popularity


The revelation in April that Murty enjoyed "non-domiciled" tax status in the UK, meaning she paid no local taxes on overseas income, has pushed her wealth - as well as her husband's - into the news just as a cost-of-living crisis began to bite across Britain. The furore prompted her to relinquish that status in April, and contributed to a significant decline in Sunak's approval ratings.

Murty didn't provide a response to a request for comment, while a spokesperson for Sunak declined to comment.

The chancellor, a former Goldman Sachs Group Inc. banker and hedge fund manager with the Children's Investment Fund and Theleme Partners, was previously seen as the front-runner to succeed Johnson as prime minister, but disclosures about his family wealth fueled concerns that he is out of touch with ordinary Britons.

Sunak on Thursday announced a 25% windfall tax on the profits of oil and gas firms and pledged cash handouts to millions of Britons facing sharp increases in energy bills and other outgoings.

Murty and Sunak met while studying for MBAs at Stanford University in mid-2000s. They married in 2009, and still own a property in California, a penthouse overlooking the ocean. In April, Sunak referred himself to the independent adviser on ministers' interests over his wife's tax status and his past ownership of a US green card. He was cleared of breaching the ministerial code.

Sunak previously declared in the official parliamentary register that Murty owns Catamaran Ventures, but has not given details of its investments. He transferred his 50% stake in the company to Murty when he became a member of Parliament in 2015.

Newsletter

Related Articles

0:00
0:00
Close
Japanese Technology Firm Fujitsu Launches Advanced Artificial Intelligence Tool for Corporate Disclosures
South Africa Officially Launches Nationwide Campaign for Highly Contested Local Government Elections
United Kingdom Commits Additional Funding for Unexploded Ordnance Clearance in Laos
Singapore Announces Stringent New Greenhouse Gas Regulations for Commercial Cooling Systems
Cambodia and Thailand Hold High-Level Border Security Talks at United Nations Headquarters
Myanmar Military Government and China Sign Major Agreement to Upgrade Media and Cultural Cooperation
Knife Attack at Swiss Train Station Leaves Three Injured in Suspected Act of Domestic Terrorism
Transnational Extortion Gang Threatens Canadian Police With Army of One Thousand Armed Operatives
Australia Imposes Forty-Two-Day Quarantine on Cruise Ship Passengers Following Deadly Hantavirus Outbreak
International Monetary Fund Unlocks Seven Hundred Million United States Dollars for Sri Lanka Following Economic Reforms
Australia Launches Record One Point Four Billion Dollar Lawsuit Against Chemical Giant 3M Over Contamination
China and Canada Foreign Ministers Meet in Ottawa in Effort to Stabilize Strained Diplomatic Ties
Indonesia Demands Urgent United Nations Security Council Reform Amid Escalating Global Conflicts
Extreme Weather Patterns Trigger Severe Drought in Madagascar and Destructive Flooding in East Africa
Indian State of Karnataka Faces Political Upheaval as Chief Minister Siddaramaiah Abruptly Resigns
Philippines and Japan Reaffirm Defense Ties as Crucial for Indo-Pacific Regional Stability
Norway Joins French Nuclear Deterrence Initiative in Major Shift for European Security Architecture
Global Critical Mineral Alliances Expand as Western Nations Move to Counter Chinese Supply Dominance
United States Imposes Fifty Percent Tariffs on Mexican Steel and Aluminum Ahead of Trade Pact Review
European Union and China Head Toward Major Trade Conflict Over Clean Technology Exports
United States Economic Growth Severely Downgraded to One Point Six Percent as Stagflation Fears Mount
World Health Organization Warns Central African Ebola Epidemic is Outpacing Containment Efforts
United States Treasury Department Conditions Sanctions Relief on Reopening of the Strait of Hormuz
Iranian Air Defenses Intercept and Destroy United States Military Drone Over Bushehr Province
Iranian Armed Forces Launch Ballistic Missiles Toward Unspecified Targets Prompting Regional Condemnation
United Nations Secretary-General Warns Global Order Facing Highest Level of Conflict Since 1945
Israel Issues Sweeping Evacuation Orders in Southern Lebanon Amid Intensified Hezbollah Conflict
Russia Announces Systemic Military Strikes Targeting Ukrainian Defense and Energy Infrastructure
United States and Iranian Negotiators Reach Draft Agreement to Extend Ceasefire and Resume Nuclear Talks
United Nations Security Council Deeply Divided Over United States Capture of Venezuelan President
US and Iran Exchange Direct Military Strikes Amid Fragile Gulf Ceasefire
World Health Organization Warns of Catastrophic Ebola Outbreak in DR Congo
Russia Threatens New Wave of Strikes on Ukrainian Infrastructure and Embassies
Scientists Warn Atlantic Ocean Currents Could Collapse Faster Than Projected
Anthropic Reaches $900 Billion Valuation in Historic AI Funding Round
Washington Imposes Crippling Sanctions on Iranian Maritime Authority
Japan and the Philippines Initiate Strategic Intelligence-Sharing Pact
Microsoft Deploys Autonomous Computer-Using AI Agents to Global Markets
Anthropic Secures $45 Billion Compute Infrastructure Agreement With SpaceX
U.S. Director of National Intelligence Resigns Amid Administration Shakeup
Micron Technology Crosses Trillion-Dollar Valuation Amid Unprecedented Hardware Demand
Canada and Germany Finalize Historic Long-Term LNG Export Agreement
China Expands International Travel Restrictions on Domestic AI Researchers
Japan Approves Sweeping Overhaul of National Intelligence Apparatus
Global Airlines Scramble Logistics as Middle East Airspace Remains Fractured
Japan's Naphtha Imports Plunge 47 Percent Amid Strait of Hormuz Closure
Global Crude Prices Retreat Below $96 as Gulf Tensions Momentarily Ease
Generative AI Outperforms Human Baselines in Landmark Global Creativity Study
NASA Partners With Private Aerospace to Unveil Permanent Lunar Base Architecture
South Korean Equity Markets Surge on Next-Generation Memory Chip Frenzy
×